Dress for Success Columbus

Analysis

Dress for Success Columbus is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dress for Success Columbus reported income of $2.0m and spending of $1.7m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dress for Success Columbus sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Daya Inc ($2.0m), Plumbers & Pipefitters Local 51 Joint Apprenticeship Training Cmte ($2.0m) and Landscape Architecture Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $118k (7.1% of expenses). Other salaries and wages came to $404k. At year end it held assets of $1.3m against liabilities of $4,747, net assets of $1.3m. It reported 8 employees.